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$447,398

NAL Estimated Property Value

103 Martinek Ln, Palmer, TX, 75152

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,230 Sq Ft
price_per_sqft$210.72 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Disposal, Refrigerator, Washer
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Rv Hookup
Lot Size1.49 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.6880.002.005.00.103
Lot Number5
SubdivisionNorth Ridge Est
Land UseResidential
Legal DescriptionLOT 5 BLK 2 NORTH RIDGE EST 1.49 AC
Census Tract061700
Assessed Land Value$110,000
Assessed Improvement Value$337,398
Assessment Year2025

About this property

ASK ABOUT BUYER INCENTIVES TO CLOSE BEFORE CHRISTMAS! Home in establish neighborhood with mature trees on 1.49 ACRE. POOL & outdoor oasis for relaxing & entertaining including bluetooth surround sound, deck + patio areas, TV lounge space. Large attached garage with work storage cabinets + bluetooth speakers & additional detached SHOP with RV electric hookups. Walk-in raised bed garden. Hardwood floors throughout interior, wood burning fireplace, tall living room ceilings & crisply painted walls. Two dining areas, one for formal and the other for morning brunch which open to kitchen area. Two pantries and walk-in utility room. Spacious bedrooms, closets, and bathrooms. The master conveniently has doors leading to backyard and natural light thought the home. Make this your Home Sweet Home for the Holidays this year and for years to come. New Inspection Report available!

Investor Tools

Property Icon
$447,398
Estimated Property Value
$358,331Estimated Mortgage Balance
$89,067Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,819 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,226
$447,398
2025
$110,000
$337,398
$447,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,226
$447,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$382,500
No
First
Dec 28, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,331
$89,067
19%
80%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,294/mo
$-274/mo
5.4%

City: Palmer

103 Martinek Ln | Property Details | No Agent List